Looking to buy an off-plan home in Abu Dhabi? A game-changing new rule is transforming property financing in the capital!The Abu Dhabi Real Estate Centre (ADREC) has introduced a regulatory framework that lets buyers formally register a mortgage on an eligible off-plan property once they have paid 50% of its purchase price. The first historic transaction has already been completed by Aldar Properties and Abu Dhabi Commercial Bank (ADCB).This milestone updates traditional financing rules, providing buyers with early certainty over borrowing costs, saving liquidity during construction, and offering legal safety for investors and lenders alike.
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Breaking News: Abu Dhabi Revolutionizes Off-Plan Real Estate!
Abu Dhabi Real Estate Centre (ADREC) has officially launched a game-changing off-plan mortgage framework, allowing buyers to secure property financing before handover!In a historic move, Aldar and Abu Dhabi Commercial Bank (ADCB) have completed the very first registration under this new system. Buyers who have paid 50% of the property value can now lock in their mortgage terms early, with the bank covering the remaining construction milestones and final handover payment. This provides massive financial certainty, protects liquidity, and eliminates completion-day stress for property investors.Abu Dhabi's booming property market just became even more attractive for global investors!
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